Q1-FY27 · Sali S. Meer
We have delivered first quarter 23% growth business growth of 23% which is way way higher than the 8.82% 10-year CAGR that this bank has delivered. So this is the highest growth in the last 14 years.
Tamilnad Mercantile Bank · tone and specificity signals across the available quarters.
Language signals
We have delivered first quarter 23% growth business growth of 23% which is way way higher than the 8.82% 10-year CAGR that this bank has delivered. So this is the highest growth in the last 14 years.
In the gold loan space, it is going to be a tonnage game going forward. We are focusing on acquiring new golden customers. We are in fact looking at even a CAD for gold loans going forward.
We have an informal internal cap to have it [gold loan share] limited to 50%. We would like to see others grow and grow in tandem with the golden portfolio and that's something we monitor and that's something we are investing in both structural changes and HR changes and technology changes.